CHC — Investor Presentation 2021

Jun 24, 2021

Chia Hsin Cement Corporation 2021 Q1 Investor Presentation

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Disclaimer

The statements contained in this are su forward-looking presentation bject to risks and uncertainties and actual results may differ materi ally from those expressed or implied in these forward-looking state ments.

Chia Hsin Cement Corporation makes no representation or warrant y as to the accuracy or completeness of these forward-looking stat ements and nor does Chia Hsin Cement Corporation undertake any obligation to update any forward-looking statements, whether as a result of new information or future events.

2021 Q1 Investor Presentation

CHC Group Business Structure

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CHC Group
Hospitality Business Foundation Business
Storage and
Hospitality Real Estate Cement
Logistics
YJ Int’l Chia JAHO Chia Hsin Cement
Chia Hsin Asset Corp. Tong Yang Chia Int’l
Hsin Ryukyo
Corp.
Chia Hsin Construction Chia Pei Int’l
and Development Corp.
藍鈞
2021 Q1 Investor Presentation
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2021 Q1 Consolidated Income Statements

2021 Q1 Consolidated Income Statements	2021 Q1 Consolidated Income Statements	2021 Q1 Consolidated Income Statements	2021 Q1 Consolidated Income Statements	2021 Q1 Consolidated Income Statements	2021 Q1 Consolidated Income Statements
Unit：Million NTD
	1Q21	4Q20	1Q20	QoQ	YoY
Revenue	545	577	495	(6%)	10%
Gross Profit	(10) (2.0%)	(103) (17.8%)	(19) (4.0%)	90% 15.8ppts	47% 2.0ppts
Operating Income(Loss)	(135) (25.0%)	1,318 228.4%	(159) (32.0%)	(110%) (253.4ppts)	15% 7.0ppts
Net Non-operating Items	24	(6)	(47)	500%	151%
EBITDA	21	1454	(72)	(99%)	129%
Net Profit(Loss) Attributable to Owner of the company	(127)	1239	(210)	(110%)	40%
Basic EPS(NTD)	(0.20)	1.92	(0.33)	(110%)	39%
2021 Q1 Investor Presentation

Business Unit Revenue Breakdown Comparison

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Unit：Million NTD
Hospitality Hospitality
1Q21 1Q20 11% Cement 9%
51% Cement
Cement 276 236 48%
Storage
Storage
Real Estate 61 62
and
and
2020 Q1
2021 Q1
Logistics
Storage and Logistics
149 151 31%
Lo istics 27%
g
Hospitality 59 46
Real Estate
Total 545 495 Real Estate
12%
11%
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2021 Q1 Investor Presentation

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Solid Financial Position
Unit：Hundred Million NTD
Bank Loan Cash Assets Debt Ratio
50% 150
38% 36%
40% 120
30% 90
20% 60
10% 30
0% -
2017 2018 2019 2020 2021Q1
Note：Cash Assets=Cash and cash equivalents + Principle protected investments +
Bank deposits + Restricted deposits
2021 Q1 Investor Presentation
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Stable Cash Dividend

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： NTD Cash Dividend Dividend Yield
7.3%
2 8.0%
1.4
1.5 6.0%
1 4.0%
0.5 2.0%
0 0.0%
2016 2017 2018 2019 2020
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Unit： NTD
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Data Source：TWSE

Note：Dividend Yield=Cash Dividend/Stock Price on dividend announcement date

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2021 Q1 Investor Presentation

Overview of 2021 Q1

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2021 Q1 Investor Presentation

Italy

Ø Expect to see revenge tourism after lifting lockdown and EU easing travel restrictions. Ø ： Operation adjustment l A.Roma re-opened in June and is actively striving to build up booking for the second half of the year.

Vaccination in Italy

Doses administered (L) % of vaccine does (R) % of people partially vaccinated (R) % of people full vaccinated (R)

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Data source ：NCHC、MacroMicro

2021 Q1 Investor Presentation

Japan

Ø Okinawa’s state of emergency is extended to July 11[th] , 2021. Ø ： Operation adjustment of Hotel Collective l Hotel rooms are only partially open. l All Day Dinning restaurant only provides a la carte breakfast for room guests. Other F&B outlets temporarily closed to serving dinner.

Vaccination in Japan Doses administered (L) % of people vaccinated (R)

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Data source ：NCHC、MacroMicro

2021 Q1 Investor Presentation

Taiwan

Ø Taiwan has implemented Nationwide Level 3 Epidemic Alert since May 19[th] Ø ： Operation adjustment l From May 14[th] ,all back offices of CHC Group started to work from home. l Business relationship is maintained through telephone or video calls, and business of cement sales will not be affected.

l From May 4[th] , the Gem care center is temporarily closed for visits, but virtual tour of the facilities offered online while orders can be placed offline.

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Data source ：NCHC

2021 Q1 Investor Presentation

Looking Ahead

• Outlook for 2021 Taiwan’s economy is promising, cement sales distributions and investment are trending positively.

• Cash dividends from investments expected to increase.

• Once the pandemic stabilizes, we expect Okinawa hospitality sector to gradually rebound.

• We expect to contract out the construction for InterContinental Okinawa Chura SUN Resort project in 2H 2021.

Cement Storage Sales and and Investment Logistics Asset Development Hospitality and Management

• Bulk cargo loading and unloading volume is expected to remain stable in 2021.

• The reorganization of the old factory land had completed, and the annual lease income expected to remain of 2020 levels.

2021 Q1 Investor Presentation

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Environment Social
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Governance

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2021 Q1 Investor Presentation

Corporation Governance Evaluation Result

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2020 evaluation result
2019 evaluation result
5%
6%-20%
21%-35%
36%-50%
51-65%
66%-80%
81%-100%
Data Source：TWSE
2021 Q1 Investor Presentation
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Environment Awareness – Discovery # Start 1 Thing, Compose for the Earth Destruction and pollution from humans lead to climate change and animal extinction More than half of the species on earth will disappear in the next 100 years

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Individuals who eat vegetarian food a week can reduce carbon emissions by 0.213 tons a year, which is equivalent to a year’s carbon absorption of nine trees.

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Reduce greenhouse gas emissions by riding on public transportation.

Reduce carbon emissions every week on vegetarian days

Reduce carbon footprints by promoting breastfeeding.

2021 Q1 Investor Presentation

LEED Certification Application

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Indoor air quality

• Real-time monitoring of indoor air quality

• Increase outdoor air exchange rate

• Perform air scrubbing

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Sustainable design

• Adopt native and multi-layer planting

• landscape design

• Set up bicycle racks, designated parking

• spaces for car pools and charging stations for electric cars facilities.

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Energy-efficient design

• Energy efficiency can achieve beyond 5.3%

• Use high-efficiency air-conditioning central unit

• LED lighting energy-saving 35% lower than LEED

• certification standards.

• Install energy meters to monitor the building energy

• efficiency

Recycling

Construction waste reduction program, less than 2.3 lb/sq ft construction waste generated.

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Water saving design

• •Use water-saving sanitary equipment to reduce daily water consumption by 30%

• •Select drought-tolerant landscape design. 100% full replacement of tap water for planting and irrigation.

• •Install a water meter to monitor building water use

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2021 Q1 Investor Presentation

Donated to Taipei Fire Department to Support Covid-19 Prevention

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2021 Q1 Investor Presentation

THANK YOU

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